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Obama to form interagency biofuels group

President Barrack Obama issued a presidential directive to the US Secretary of Agriculture to form an interagency biofuels group to aggressively accelerate the investment in and production of biofuels.

Directive aims to make the biofuels industry cleaner and encourage output of ethanol made from non-food crops.

The Biofuels Interagency Working Group, to be headed by the secretaries of the Environmental Protection Agency, the Department of Energy and the Department of Agriculture, will be asked to identify policies that would make biofuels more environmentally sound and encourage production of cars that can run on either petrol or fuel that is mostly ethanol.

Agriculture Secretary Tom Vilsack has been asked to begin the refinancing of existing investments in renewable fuels in order to preserve jobs in ethanol and biodiesel plants as well as renewable electricity generation plants and supporting industries.




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